CFI : AGM Results

RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON THURSDAY 28 MARCH 2024

The results of the Annual General Meeting of the Shareholders of CFI Holdings Limited ("CFI" or "the Company") held on Thursday 28 March 2024

were as follows:

Resolutions

1. Financial Statements

To receive and adopt financial statements for the year ended 30 September 2023, together with the reports of the Directors and Auditors thereon.

Results

Passed

2. Re-election of Directors

To re-elect the following directors by individual resolutions in terms of Section 201 of the Companies and

Other Business Entities Act [Chapter 24:31]:

1. To re-elect Mr S.D. Zinyemba who retires by rotation in terms of the Articles of Association and being eligible, offers himself for re-election.
   Mr Zinyemba serves as the co-founder and current Chief Executive Officer of Bellevue Abattoir & Butcheries Group. Prior to this role, he gained experience as a Bank Examiner in the Bank Licensing Supervision and Surveillance Division at the Reserve Bank of Zimbabwe. With a background in international business, holding a Bachelor's degree from NKU, USA, and a Masters' in Business Intelligence from CUT, ZW, Mr. Zinyemba also brings extensive expertise in the energy, construction, and logistics sectors. Currently, he is actively pursuing a Doctorate in Business Administration.
2. To re-elect Ms P Muzani who retires by rotation in terms of the Articles of Association and being eligible, offers herself for re-election.
   Ms. Muzani has a long association with the Group with extensive experience of 13 years in the retail business. Ms. Muzani is currently studying towards a Masters in Business Administration.

Passed

Passed

1. Directors Remuneration
   To confirm directors' fees for the year ended 30 September 2023.
2. Auditors Fees and Appointment

1. To approve the remuneration of the auditors for the year ended 30 September 2023.
2. To reappoint Messrs Baker Tilly Chartered Accountants (Zimbabwe), who have been the Company's external auditors for 6 years. Mr Richard Mandeya (PAAB Number 0965) has served as the engagement audit partner to the Company for 1 year.

Passed

Passed

By order of the Board,

P. Hare

Group Company Secretary

Directors: I. V. Pasi (Group Chairman), S.D. Zinyemba (Deputy Group Chairman),

S. N. Chibanguza (Acting Group Chief Executive Officer)*, T. Dumba (Acting Group Finance Director)*,

A. Denenga, A. S. Hamilton (Alternate: R. L. Hamilton), Ms. P. Muzani, W.E. Munakopah * - Executive Director

Address: 1 Wynne Street, Harare, Zimbabwe

Tel: [phone], 703160, 790685